Netlist, Inc. Reports Earnings Results for the Full Year Ended December 31, 2022
February 21, 2023 at 08:30 am EST
Share
Netlist, Inc. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported revenue was USD 161.64 million compared to USD 142.36 million a year ago. Net loss was USD 33.37 million compared to net income of USD 4.83 million a year ago.
Basic loss per share from continuing operations was USD 0.14 compared to basic earnings per share from continuing operations of USD 0.02 a year ago. Diluted loss per share from continuing operations was USD 0.14 compared to diluted earnings per share from continuing operations of USD 0.02 a year ago.
Netlist, Inc. provides memory solutions to enterprise customers in diverse industries. The Companyâs products, in various capacities and form factors, including its line of custom and specialty memory products, bring performance to customers in a variety of industries globally. It also licenses its intellectual property. The Companyâs commercially available memory subsystem products and other products that it sells include Component and Other Product Resales and Specialty DIMMs and Embedded Flash. Its portfolio of technologies and design techniques includes Distributed Buffer Architecture; Localized Module-Based Power Management Architecture; Proprietary PCB Designs; Thermal Management Designs; Compute Express Link Technology, and others. Its distributed buffer architecture enables the buffering of data signals using multiple data buffer devices distributed between a memory moduleâs edge connector and its installed dynamic random-access memory (DRAM).